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Default Find and render text within IF Function

This one is a little weird but this is what I'm trying to accomplish:

1) Find " CE" in both cells A1 & B1 (note there will only be one instance of
" CE" in both cells combined and the space before "CE" is intentional)

2) IF function #1: Once " CE" is found then render all text from the 1st "/
" (space after the / is intentional) to the left of " CE". In other words: /
find this text CE

3) IF function #2: If no "/ " is found to the left of " CE" then render all
text to the left of " CE" to the beginning of the cell.

Many thanks!

--
David P.
 
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